Taking The Pulse Of The Texas Technology Industry
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Taking The Pulse Of The Texas Technology Industry |
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 Friday, September 5, 2008 Intervoice Acquisition Closes Convergys Corporation said Thursday that the firm has closed its acquisition of Dallas-based Intervoice, a publisher of interactive voice response software. The deal was worth $335M in cash, or $8.25 per share. Convergys said it would buy Intervoice in July. Impact of the deal on local employment was not disclosed. Both companies provide solutions for phone-based customer service, including interactive voice response, contact center management, mobile messaging technology, and related areas. (More info...) posted on Friday, September 5, 2008(Full story) DG FastChannel, Enliven Reduce Acquisition Price Dallas-based DG FastChannel has reduced the acquisition price of Enliven Marketing Technologies to approximately $80M, the firms said, in an amended merger agreement. Reason for the reduced price was not announced; the firms had originally announced DG FastChannel would buy Enliven in a stock-for-stock transaction in May, in what was a $98M deal. Envliven will become a wholly owned subsidiary of DG FastChannel, and Harvey D. (More info...) posted on Friday, September 5, 2008(Full story) Transverse Launches Open Source Telecom Software Firm Austin-based Transverse said today that it has officially launched the firm, and will focus on open source, telecom operational support systems. According to the firm, the company's products will offer better quality, higher reliability, more flexibility, lower cost, and end to vendor lock-in for telecom support systems. The firm said it is planning on introducing its products next week at CTIA. posted on Friday, September 5, 2008(Full story)
Thursday, September 4, 2008 Cognitive Technologies Gets Microsoft Award Austin-based Cognitive Technologies, a provider of IT consulting services for the Federal government and Fortune 1000 companies, said today that the firm has been recognized by Microsoft's Federal sales group. According to the firm, which focuses on project and program management, it has been chosen as "Rookie of the Year" by Microsoft Federal. (More info...) posted on Thursday, September 4, 2008(Full story) Surgient Adds Hyper-V Support Austin-based Surgient, which develops software for managing virtualized servers, said Wednesday that it has added support for Microsoft's Hyper-V hypervisor. According to Surgient, the latest version of its software, the Surgient Virtual Automation Platform 6.0, now also supports integratino with Microsoft Active Directory, a new interface, connection to and IBM Rational's BuildForge. (More info...) posted on Thursday, September 4, 2008(Full story)
Wednesday, September 3, 2008 RF Monolithics Gets Credit Facility Dallas-based RF Monolithics, a developer of components for the wireless M2M market, said Wednesday that it has received an updated credit facility from Wells Fargo Bank. According to the firm, the new credit facility keeps in place its existing loans, including $3M in a term loan and $11M in a revolving credit line. According to RF Monolithics, the credit facility expires in December of 2010. (More info...) posted on Wednesday, September 3, 2008(Full story) Pluck Signs Sun-Times Austin-based Pluck Corporation said Wednesday that the firm's social media products have been selected by the Sun-Times News Group, publisher of the PioneerLocal.com, SuburbanChicagoNews.com, SouthtownStar.com, and Post-Trib.com. According to Pluck, the newspaper publisher will use the firm's software to add commenting on its articles, recommendations, and to link to related blog posts from its syndication network. Financial impact of the deal was not disclosed. (More info...) posted on Wednesday, September 3, 2008(Full story) Mirage Networks Gets School Win Austin-based Mirage Networks said today that the firm has scored a win with a school in New York. According to Mirage, Northwood School, an independent co-educational college preparatory school located in Lake Placid, New York, will use its NAC solution for securing access to its network. Financial impact of the deal was not disclosed. Mirage provides network access control (NAC) products, used to control security and network access at companies. posted on Wednesday, September 3, 2008(Full story) BizNet Names Software Director Dallas-based BizNet Software reported Tuesday that it has hired former Microsoft executive Demetrius Austin as director of software engineering. The Dallas-based publisher of Excel business reporting and analysis applications said Austin's responsibilities include ensuring best practices are implemented correctly and providing guidance on technology and growth initiatives. BizNet described Austin as a 20-year IT and software development veteran who previously worked for Microsoft/FRx. (More info...) posted on Wednesday, September 3, 2008(Full story)
Tuesday, September 2, 2008 Tek-Tools Scores Win With Sun Dallas-based IT and storage management software firm Tek-Tools Software announced Monday that the firm has inked an expanded strategic alliance with Sun Microsystems. According to Tek-Tools, Sun will promote and sell its Tek-Tools Profiler Suite of monitoring and reporting software. Financial impact of the deal was not disclosed. Sun will be selling Tek-Tools alongside its Sun common Array Manager software, which is used to manage Sun's storage arrays. posted on Tuesday, September 2, 2008(Full story) Planview Shops MPM Division to Deltek Austin-based portfolio management software publisher Planview announced Tuesday that it has sold the bulk of its Micro-Frame Program Manager division to Deltek Inc. Terms of the deal were not disclosed. Planview said divesting its MPM product line will allow it to focus on its core enterprise portfolio management business. The firm added that Deltek's acquisition includes products, employees and other assets related to the MPM product line. (More info...) posted on Tuesday, September 2, 2008(Full story) EDS Gets Renewal IT outsourcing firm EDS revealed Tuesday that the nation's largest privately owned department store chain has renewed its information technology services contract with EDS. Under the new, seven-year agreement, EDS said, it will continue to manage the voice and data network that connects employees at Belk's 307 retail stores, five warehouses and five offices throughout the southern United States. The financial impact of the deal was not disclosed. (More info...) posted on Tuesday, September 2, 2008(Full story) IRM Corp. Acquired By Software Firm Dallas-based IRM Corp. has officially been acquired by AFS Technologies Inc. of Phoenix, AFS announced Tuesday. IRM publishes business intelligence, forecasting and trade promotion management software-as-a-service applications for manufacturers, distributors and brokers within the food and beverage industry. AFS develops software for the same market. Terms of the deal were not disclosed. (More info...) posted on Tuesday, September 2, 2008(Full story) BMC Rolls Virtualization Management Software Houston-based BMC Software has rolled out a new, virtualization management product focused on virtualized IT systems, the firm said today. BMC said it has rolled out nine new software products focused on planning, controlling, automating, and managing virtualized systems. (More info...) posted on Tuesday, September 2, 2008(Full story) Eltek Valere Announces New "Green" Product Richardson, Texas-based Eltek Valere, a developer of DC power supplies for the data center market, said this morning that it has shipped what it calls a new "green" version of the firm's power conversion products. According to Eltek Valere, its new V-Series HE rectifiers are drop-in replacements for wireless and remote terminal power systems. The system provides 48-volt, 1000 watt, AC-to-DC power, for telecom equipment. (More info...) posted on Tuesday, September 2, 2008(Full story)
Friday, August 29, 2008 Interview: NetQOS Eyes IPO, Maybe Privately funded companies rarely share their earnings reports. After all, such disclosure isn't necessary, or expected. So when NetQoS, an Austin-based provider of network performance management products and services, issued a press release Tuesday touting its Q1 and Q2 2008 revenues, a few eyebrows here at TexasTechPulse.com started heading for Oklahoma. (More info...) posted on Friday, August 29, 2008(Full story)
Thursday, August 28, 2008 ACS Signs Hertz Affiliated Computer Services Inc. revealed Thursday that it will provide learning services to auto rental firm Hertz Corp. The Dallas-based business process outsourcing specialist said its learning services contract with Hertz spans five years and includes curriculum redesign and content development and delivery. The cash value of the contract was not disclosed. (More info...) posted on Thursday, August 28, 2008(Full story) Entrust's Austrian Reseller Becomes Customer Entrust Inc. revealed Thursday that one of its value-added resellers—the Austria-based S&T Group—is now also a customer. Headquartered in Dallas, Entrust develops Web security and fraud prevention software. The company said S&T has distributed its products throughout Europe and the Asia-Pacific region for years, so when S&T needed a public key infrastructure platform, it opted for Entrust's Authority PKI solution and related applications. (More info...) posted on Thursday, August 28, 2008(Full story) Stracka Design Company Acquires GolfQ.com Houston-based Stracka Design Co. LLC, operators of the Stracka.com social network for golfers, announced Wednesday that it has acquired the assets of GolfQ.com Inc. Terms of the deal were not disclosed. According to Stracka, Texas-based GolfQ promotes itself as the world's largest golf community. Stracka added that the site has helped promote golf courses for nearly a decade. (More info...) posted on Thursday, August 28, 2008(Full story) Bazaarvoice Hires Executive Bazaarvoice reported yesterday that Heather Brunner has joined the company as senior vice president of worldwide client services. The Austin, Texas-based publisher of hosted social commerce software said Brunner boasts nearly two decades of experience with start-ups and Fortune 500 companies. Her chief duties at Bazaarvoice will be overseeing its services organization while working closely with executive staff and clientele. (More info...) posted on Thursday, August 28, 2008(Full story)
Wednesday, August 27, 2008 GENBAND Shops VoIP Server Platform to BroadSoft Texas-based GENBAND has sold its VoIP-related software line to BroadSoft, a publisher of voice-over-Internet protocol applications for the telecommunications industry, BroadSoft announced Wednesday. Terms of the deal, which includes GENBAND's M6 Communication Applications Server product line and customer base, were not disclosed. (More info...) posted on Wednesday, August 27, 2008(Full story) GetThere Appoints APAC Director Online corporate travel agency GetThere reported Wednesday that it has promoted Grant Rattray to director of its Asia-Pacific division. In his new role, the Southlake, Texas-based company said, Rattray will supervise the division’s marketing, sales and service efforts from its offices in Sydney, Australia. GetThere said Rattray previously handled corporate strategy for Sabre Pacific, a regional arm of GetThere's parent company, Sabre Holdings. (More info...) posted on Wednesday, August 27, 2008(Full story) GlobalSCAPE Taps Veteran Morris for CEO Role GlobalSCAPE Inc. has named former General Dynamics executive James R. Morris as its chief executive officer, the software publisher reported this morning. GlobalSCAPE described Morris as a 35-year information technology, business development and operations veteran. The San Antonio, Texas-based company said Morris' work history includes vice president-level stops at Veridian, Veritect, Trident Data Systems, SecureInfo, Synteras and the aforementioned defense contractor, General Dynamics. (More info...) posted on Wednesday, August 27, 2008(Full story)
Tuesday, August 26, 2008 EDS Officially Becomes Business Group of HP Computer consulting and manufacturing giant Hewlett-Packard announced Tuesday that its record-setting acquisition of Texas-based Electronic Data Systems Corp. is official. HP said the $13.9 billion deal—first reported on May 13—represents the largest transaction, in terms of value, in IT services sector history. It is also the technology industry's second largest—only HP’s 2002 purchase of Compaq is greater. (More info...) posted on Tuesday, August 26, 2008(Full story) NetQoS Divulges First-Half Revenues Privately held network management software publisher NetQoS Inc. published on Tuesday its fiscal results for the first half of 2008. The Austin, Texas-based company reported combined revenues of $25.6 million for the year's first and second quarters. NetQoS also said it observed a 60 percent increase in license revenue growth from the previous year. The company credited existing industry partnerships and the success of in-house innovations as reasons for its increases. (More info...) posted on Tuesday, August 26, 2008(Full story) |
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